Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over....
Hello traders! ‼️ This is my perspective on EURCHF. Technical analysis: As we can see here price made a retracement as I expected in my last analysis, so now I expect bullish price action as price rejected from bullish order block + institutional big figure 0.97000. Fundamental news: On Thursday we have monthly CPI on CHF, news with high impact on...
Preferred direction: SELL Comment: The Swiss currency also began to strengthen against the American dollar , although we previously noted that this currency is one of the weakest among the main competitors of the US dollar. However, for this currency pair we confidently set sell-priority and expect a fall towards the level of 0.88761. Both scenarios...
✅EUR_CHF is going up now But a strong resistance level is ahead at 0.9836 Thus I am expecting a pullback And a move down towards the target at 0.9753 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The EURCHF has reached a crucial support level. On the 4-hour chart, there has been a significant downward price swing resulting in an imbalance. This imbalance could serve as a target for price correction. Currently, we observe a higher low on the 4-hour timeframe, and I'm actively seeking a buying opportunity if the setup described in the video materializes....
ID has printed a 4h sell signal. The price has rejected off strong demand zone. We should get a nice short to previous swing low/demand zone.
Here is our detailed technical review for EURCHF. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.972. Considering the today's price action, probabilities will be high to see a movement to 0.976. P.S Overbought describes a period of time where there has...
EURCHF is trading in a strong bullish trend on a daily. After the pair set a new higher high, it retraced to a solid rising trend line. Analyzing the reaction of the price to that, I spotted a double bottom pattern on a 4H time frame. With the release of CHF/EU fundamentals this morning, the pair successfully violated its neckline. We can expect a bullish...
Hello,Friends! We are going short on the EUR/CHF with the target of 0.960 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
After price cleared the buy-side liquidity,price reacted at a 1h ob to give a choch on 1h, This could be an indication of price changing direction,then we will wait for a proper break of structure before considering entering. kindly ENGAGE and SHARE your view if you think otherwise.
Hello,Traders! EUR-CHF is trading in an Uptrend along the rising support So after the pair retests it We will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! EUR-CAD has already Made a bullish rebound From the support cluster Of the rising and horizontal Support lines at 1.4584 So I think that the pair Will go higher up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
for short-term EURCHF about give a good RRR to reversal trade. signal from my own indicator. OANDA:EURCHF
Hello traders! ‼️ This is my perspective on EURCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, but for now I expect to see a retracement after price took buy side liquidity and rejected from institutional big figure 0.98000. My point of interest for a long position is bullish order block + 0.97000 level. Like,...
✅EUR_CHF fell again to retest the support of 0.9686 But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Rejection on the Buy Side LQ Zone/Swing Looking for a BUY Already broken above the HMA on the 1HR TF already, so Buy on a partial and will buy again if it dips into the Buy Side LQ Swing/Zone **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management*
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
Hello,Traders! EUR-CHF was overbought And is now making a Bearish correction but After the retest of the Horizontal support level Of 0.9687 we will be Expecting a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!